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Love Civic Center
<br />Budget to Actual, Year -to -Date
<br />Modified Cash Basis
<br />For the Month Ended October 31, 2021
<br />Financial. statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
<br />by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
<br />accounting are omitted and no assurance is provided
<br />1 Month Ended
<br />1 Month Ended
<br />Oct 31, 2021
<br />Oct 31, 2021
<br />Variance
<br />% of Budget Annual Budget
<br />Actual
<br />Budget
<br />REVENUE
<br />Motel Tax
<br />$ 0.00
<br />$ 0.00
<br />$ 0.00
<br />0.00% $
<br />355,000.00
<br />R.V. Hook Up
<br />1,554.64
<br />1,500.00
<br />54.64
<br />103.64%
<br />1,500.00
<br />Mise Income
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,000.00
<br />Rent ,
<br />11,793.52
<br />12,000.00
<br />(206.48)
<br />98.28%
<br />85,000.00
<br />Refunded Deposits
<br />(2,800.00)
<br />(2,800.00)
<br />0.00
<br />100.00%
<br />(10,000.00)
<br />Tower Lighting
<br />100.00
<br />100.00
<br />0.00
<br />100.00%
<br />400.00
<br />Bicycle Rentals
<br />._ 308.51
<br />300.00
<br />s 8.51
<br />102.84% _
<br />_ 2 500.00
<br />Total Revenue_
<br />w_w _ 10,956.67
<br />� 11,,100.00
<br />� X43 3�
<br />98.71%
<br />X400.00
<br />Gross Profit
<br />10,956.67
<br />11,100.00
<br />43._33
<br />8.71%
<br />441,400.00
<br />OPERATING EXPENSES
<br />Branding
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />10,000.00
<br />Bank Service Charge
<br />7.46
<br />42.00
<br />(34.54)
<br />17.76%
<br />500.00
<br />Communications
<br />561.29
<br />500.00
<br />61.29
<br />112.26%
<br />6,000.00
<br />Office Expense
<br />19.99
<br />20.00
<br />(0.01)
<br />99,95%
<br />1,500.00
<br />Payroll Expenses
<br />7,664.72
<br />8;583.00
<br />(918.28)
<br />89.30%
<br />103,000.00
<br />Payroll Tax Expense
<br />580.70
<br />692.00
<br />(111.30)
<br />a3.92%
<br />8,300.00
<br />Marketing 1 Advertising
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />5,000.00
<br />Audit
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />3,000.00
<br />Bookkeeping
<br />546.00
<br />583.00
<br />(37.00)
<br />93.65%
<br />7,000.00
<br />Electricity
<br />3,369.05
<br />3,333.00
<br />36.05
<br />101.08%
<br />40,000.00
<br />Water
<br />786.29
<br />417.00
<br />369.29
<br />188,56%
<br />5,000.00
<br />Gas
<br />82.77
<br />100.00
<br />(17.23)
<br />82.77%
<br />51000.00
<br />Trash Disposal
<br />512.08
<br />417.00
<br />95.08
<br />122.80%
<br />5,000.00
<br />Intown Auto Exp Allowance
<br />250.00
<br />250.00
<br />0.00
<br />100.00%
<br />3,000.00
<br />Small Equipment
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />1,000.00
<br />Chamber Management
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />25,000.00
<br />Eiffel Tower Lighting/Maint
<br />0.00
<br />0.00
<br />0.00
<br />0.00 %
<br />2,000.00
<br />Building Malnt./Spls/Equip
<br />2,684.68
<br />2,700.00
<br />(15.32)
<br />99.43%
<br />99,000.00
<br />Security
<br />58.95
<br />229.00
<br />(170.05)
<br />25.74%
<br />2,750.00
<br />Staff Ins./Retirement
<br />612.37
<br />733.00
<br />(120.63)
<br />83,54%
<br />8,800.00
<br />Building Insurance
<br />0.00
<br />0.00
<br />0.00
<br />0100%
<br />5,000.00
<br />General Liability
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />3,700.00
<br />Workers Comp. Insurance
<br />43.15
<br />116.00
<br />(72.85)
<br />37.20%
<br />1,400.00
<br />Directors & Officers
<br />0.00
<br />0.00
<br />0.00
<br />0.00%
<br />2,000.00
<br />Long Term Disability
<br />119.87
<br />0.00
<br />119.87
<br />0.00%
<br />0.00
<br />Misc Expenses
<br />169.55
<br />200.00
<br />(30.45)
<br />84.78%
<br />1,500.00
<br />Ground Maintenance
<br />1,599.54
<br />708.00
<br />891.64
<br />225.94%
<br />8,500.00
<br />Bicycles & Related Expenses
<br />0.78
<br />0.00
<br />0.78
<br />0.00%
<br />1,500.00
<br />Capital improvements
<br />0.00
<br />0.00
<br />_ _0.00
<br />0.00 %
<br />76„950.00
<br />y
<br />Total Operating Expenses
<br />____191669.34
<br />19x623.00
<br />46.34
<br />100.24%
<br />441 00.00
<br />Operating Income (Loss)
<br />8,712.67
<br />(8,523.00)
<br />189.67
<br />102.23%
<br />0.00
<br />OTHER INCOME
<br />Interest Income
<br />21.33
<br />29.00
<br />„ 7.67)
<br />73.55%
<br />350.00
<br />Total Other Income
<br />21.33
<br />.- 29.00
<br />17.874
<br />73.55%
<br />350.00
<br />(Loss)
<br />Net Income Loss
<br />,s �
<br />,4 .
<br />( 1
<br />_.;.
<br />02.32
<br />.. %
<br />350.00
<br />Financial. statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
<br />by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
<br />accounting are omitted and no assurance is provided
<br />
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